INCOME INVESTMENT PLAN (IIP)

FEATURES:

Policy Term - Minimum of 10 (Ten) years

Maximum age at entry - 55 years

Minimum regular Premium - =N=20,000.00

Mode of payment: - Annual/Semi Annual – The mode

Selected could be changed only at

Policy anniversary dates

Contribution: - Additional contributions could be

made during the term of the policy

Policyholder’s Account: The policy will have an individual account to which allocated

premiums and interest will be credited. There will be an annual statement of account

to inform the insured about the position of the account.

Interest: A guaranteed, competitive interest rate shall be declared annually and added

to the policyowners account. The guaranteed rate of interest shall be 3% above prevailing

average rate of interest of the Big Banks on their customer’s savings account.

It can, therefore, be monitored by the policyowners himself.